The Community Development Financial Institutions Fund (CDFI Fund) awarded a $2.4 million Project Grant to Community Choice Credit Union through its Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Community Choice Credit Union's efforts to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will also enable the credit union to build organizational capacity and acquire technology, staff, and other resources necessary to accomplish program objectives through December 2028. The CDFI ERP aims to provide capital to financial institutions serving disadvantaged communities affected by the pandemic.
Generated 2/6/24, 8:21 AM